In the first nine months of 2018, Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from CHF 72.1 million to CHF 83.2 million and the consolidated profit increased from CHF 48.4 million to CHF 51.0 million.

Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, and CMA CGM, one of the world’s leading shipping groups, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025. As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 twenty-foot containers (TEUs) will help achieve the environmental goals.

Panalpina is expanding its Perishables Network to South Africa. The company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with its own presence in Johannesburg and Cape Town. The move will enable end-to-end solutions for perishables from South Africa to Europe, the Middle East, Far East and the USA.

Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF 29.9 million to CHF 36.1 million.

Panalpina has obtained another Good Distribution Practice (GDP) certification, this time for its new logistics center in Singapore, where many of the world’s top pharmaceutical companies have manufacturing facilities. The number of Panalpina locations globally with GDP certification now stands at 32.

The Digital Hub is tasked with exploring disruptive technologies and developing new digital solutions for customers as well as realizing business opportunities for Panalpina. In an interview with innoFRAtor, a platform by Fraport, Air Cargo News and German publication DVZ, Panalpina’s Luca Graf explains the reasons for setting up the new business unit and how it can add value for customers.

​Panalpina Bogotá has been certified according to WHO Good Distribution Practice (GDP), an important international standard for the proper distribution of medicinal products for human use. The business unit in Bogotá is Panalpina's 31st location globally to obtain such an important certification for the healthcare industry.